Friday, June 11, 2010
Interesting ?
U.K. House Prices Fall for Third Month in May as Supply Climbs
The average cost of a home in England and Wales fell 0.2 percent to 220,352 pounds ($323,000) from April, the research group said in an estimate released by e-mail today. Previously reported house-price gains for March and April were revised to declines as more transaction data became available.
Posted by alan @ 06:40 PM (3764 views)
9 thoughts on “Interesting ?”
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miken says:
I think we are at the end of the “return to normal” phase. From now prices will go down.
http://www.housepricecrash.co.uk/graphs-bubble-lifecycle.php
montesquieu says:
How come only Bloomberg seems to have this story today?
Bluebeach says:
Yeah……..ok…
“satisfying ballasts”
gone-to-colombia says:
Hi TC, I’m checking those prices too, here seem to be quite a few very interesting properties arriving every day.
Prices must be and are heading down.
I estimate that in some reas the supply might be 4x higher.
mick rupert says:
What gets me is that this is amidst the so-called spring bounce.
Funny how the emergency austerity budget is set for ONE DAY after midsummer (i.e. 22nd June). DOWNHILL all the way to Christmas, and beyond!
debtfree says:
Let’s hope so hey 🙂
Im itching to buy a place for the family, just don’t want too put them in a web of unpayable debt.
enuii says:
As I observed on Monday one my usual journey through cheshire, a route I tread once per week and quite frankly I am amazed how many over developed former two up two down former farm workers cottages, barn conversions and other rural and semi-rural blinged out properties with humungous conservatories and the obligatory 4×4/BMW/AUDI have suddenly got for sale signs up outside.
gone-to-colombia says:
TC that house did look good!
My plan is to return home in 3-5 years. Oddly, Colombia is a very good place to be right now.
I think tat by that time the prices should be at a low point in the cycle.
I’d like to live in the land of my father’s – Wales or the border country.
Maybe you could give me some advice on this and give me a few tips?
I’d like a detched place in the country, some space around.
Positivo says:
The area im looking at is still 20% higher than a year ago, or should I say people are asking for 20 % more.